Manager, Operational Risk and Control

27 أكتوبر، 2022

0 5 2 دقائق

Job Description

Job Description
JOB PURPOSE:

This is an operational risk management focused role on Corporate and Commercial Banking Group and Investment Banking Group. The role will assist CCBG/IBG management in conducting and growing the business within a robust governance and control environment. Acting as a trusted adviser to management, providing guidance and challenge for the business to ensure appropriate first line of defence governance, assurance, conduct and control standards are embedded
Working collaboratively with management, business partners and enablement functions to develop flexible and integrated first line of defence governance and control solutions, enabling achievement of business goals and objectives whilst protecting the firm and its clients

KEY ACCOUNTABILITIES:
Operational Risk, Assurance Testing and Reporting

Act as first point of contact for staff at business divisions for all Operational Risk issues
Take a lead role in the development of divisional Operational Risk Management framework within CCB/IB, working with nominated business unit ORM SPOCs (Single Point of Contact)
Complete the annual Risk and Control Self-Assessment (RCSA) exercise as required (Business Unit level only)
Perform Operational Risk control assurance testing as required for the RCSA
Develop and establish appropriate Key Risk Indicators (KRI) for the business unit
Ensure divisional KRIs are reported and monitor risk breaches
Report CCB/IB operational loss incidents and track remediation plans to completion
Support, develop and manage the divisional Operational Risk Management Committee

Business Continuity Management

Maintain and update the annual Business Continuity Plan. (Business Unit level only)
Conduct Business Impact Analysis and Risk Assessment to identify critical business function
Drive the development, training, testing and maintenance of the Business Continuity Plan
Coordinate any divisional BCP / DR activity as required.

Data Leakage

Data Privacy

Data Privacy SPOC for Business Management
Support at both Business Unit and divisional level for the completion of Data Privacy Risk Assessments, update of Risk of Processing Activities and ad-hoc queries

Audit Management

Act as the Business Partner for Audit assisting in the management of audits and subsequent resolution of issues raised
On an ongoing basis, ensure pending audit issues are followed up with management and that all corrective actions are fully and properly implemented

Relationship Management

Develop and manage relationships with sponsors and stakeholders across business lines and supporting functions
Work with the key internal stakeholders to provide guidance and coordinate activities, policies, projects and change initiatives. Ensuring where appropriate and possible a synchronized approach, aiding in delivering consistent and coordinated governance framework across the network
Ongoing consultancy/advice is provided to management from a governance, risk management and control perspective to enable improvements in processes ensuring effective and efficient controls, on the basis of market best practices

Ad-hoc

Complete other ancillary risk assessments (Health and Safety, Reputational etc) as required
Input and support for divisional projects

Qualifications
Minimum Qualification

Bachelor's Degree or Higher in Management, Banking or Finance, preferably with certification in compliance, corporate governance, risk management or internal audit

Minimum Experience

At least 8 – 10 years banking experience preferably in a reputable international bank with experience of working in highly regulated jurisdictions
Minimum of 5 years of experience in a Corporate, Commercial or Investment Banking Operational Risk
Strong knowledge of the CCB/IB business and associated risks
Strong relationship building and stakeholder management skills
Self-directed, able to manage multiple tasks and ability to work under pressure
Excellent analytical skills.
Excellent verbal and written communication skills